It appears you’ve copied a large block of text from the Yahoo Finance website, which includes news articles and market updates. I’ll summarize the key points for you:
Market Updates
- US stocks rose on Monday, with the S&P 500 up about 0.5% and the Nasdaq Composite adding about 1.2%.
- Chip stocks rallied after a strong sales forecast from Foxconn, boosting optimism for AI-fueled growth.
- Shares of Nvidia climbed more than 3%, closing at a record high.
Economic Data
- UK retail sales increased by 0.7% in 2024 compared to 2023, with food sales growing 3.3%.
- Non-food sales declined by 1.5% in 2024.
- December saw a welcome sales growth for retailers, particularly in computing and mobile phones.
News
- Canadian Prime Minister Justin Trudeau resigned as Liberal Party leader, setting the country up for a new prime minister by late March.
- A new government could reset Canada’s trade relationship with the US during President-elect Donald Trump’s second term.
- Former President Jimmy Carter will be remembered on Thursday, when stock markets will shutter to mourn his passing.
Other News
- Food sales prop up ailing high street retail growth in the UK.
- US market moves on Monday saw investors awaiting key monthly jobs data later this week.
- Canadian dollar could benefit from a new government and a hawkish monetary policy.
Let me know if you’d like me to clarify any of these points or provide further information!
